Showing 1 - 10 of 14
Persistent link: https://www.econbiz.de/10010327179
The increased demand for a more equal parental sharing of the responsibilities for children has led many countries to reconstruct their parental leave systems so to provide stronger incentives for fathers to participate in childcare. Father's quotas are becoming widely spread across Europe. This...
Persistent link: https://www.econbiz.de/10010321522
While examining the macroeconomic effects of government tax and punishment policies, this paper develops a three-sector general equilibrium model featuring matching frictions and worker-firm wage bargaining. Workers are assumed to differ in ability, and the choice of education is determined...
Persistent link: https://www.econbiz.de/10010321585
This paper is concerned with social interactions and their importance for unemployment. A theoretical model is specified in which the social and psychological costs of unemployment depend upon the unemployment level. The theoretical analysis reveals social multiplier effects, and shows that...
Persistent link: https://www.econbiz.de/10010321622
The paper develops a two-sector general equilibrium search model where goods are produced exclusively in the market and services are produced both in the market and within the households. We use the model to examine how unemployment and welfare are affected by labor taxes in general and sectoral...
Persistent link: https://www.econbiz.de/10010321719
While examining the macroeconomic effects of increased government control of the informal sector, this paper develops a two-sector general equilibrium model featuring matching frictions, and heterogeneous workers in terms of moral. This facilitates an analysis of how wage setting and...
Persistent link: https://www.econbiz.de/10010321753
The paper examines policy externalities between imperfectly competitive open economies where unemployment prevails in general equilibrium. We develop a two-country and two-sector model with monopolistic competition in the goods market and wage bargaining in the labor market. Policy externalities...
Persistent link: https://www.econbiz.de/10010321760
While examining the macroeconomic effects of increased government control of the informal sector, this paper develops a two-sector general equilibrium model featuring matching frictions and worker-firm wage bargaining. Different goods are produced in the formal sector and the informal sector,...
Persistent link: https://www.econbiz.de/10010321826
frictionless equilibrium view; (ii) the chain reaction theory, or prolonged adjustment view; and (iii) the hysteresis view. While …
Persistent link: https://www.econbiz.de/10010281021
these shocks also generate plausible impulse-responses for unemployment. Although our theory contains no money illusion, no …
Persistent link: https://www.econbiz.de/10010281025